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Trade in financial services and development - Memo (June 2012)

On 26 June 2012, the WTO’s Committee on Trade in Financial Services hosted a workshop to examine the role of trade in financial services and development. In a jointly-written memorandum delivered to delegates on the eve of such workshop, SOMO and Center of Concern provided a brief introduction to some of the concerns and analysis essential to a robust discussion of the two main issue areas on the workshop’s agenda: (1) Trade in financial services’ contribution to economic growth and development, and (2) Financial services liberalization, financial regulation and financial stability.